By Athanasios Pitatzis In today’s article we will cover the history of the exploration wells in Norway since 1966 until now in comparison with Cyprus oil and gas discoveries until the given date. According to the publish data from the Norwegian Petroleum Directorate (NPD) Norway has drilled 1675 exploration wells until…

By Athanasios Pitatzis The low oil price environment forces a lot of oil and gas companies to make strategic decisions for their future. According to EY Report which refer to the top 10 oil and gas risks and opportunities we will them examine one by one taking consideration and low…

By Athanasios Pitatzis The Greek Prime Minister Alexis Tsipras has now met with the President of Cyprus Nikos Anastasiades and the President of Egypt Abdel Fattah el-Sisi in Cyprus in a meeting that took place on the 29th of April 2015. The main topics on the table were those of…

By Christis Enotiades and Athanasios Pitatzis The recent discoveries of large hydrocarbon reserves in the Levant basin in Eastern Mediterranean, have transformed the region to a potential net exporter of natural gas. The successive discoveries of Tamar in 2009 and of Leviathan in 2010 in Israel’s EEZ totaling almost 28tcf…

By Athanasios Pitatzis In today’s article we will introduce a new business strategy for TAP Pipeline. Secondly we will propose the construction of a new pipeline project the Trans Balkan Pipeline. Also we will investigate the possibilities of Turkmenistan and Iran to sell natural as to EU through TANAP. New…

By Athanasios Pitatzis In today’s article we will try to introduce a new military plan for the safety of the whole Mediterranean which will involve the whole EU, Greek and Cyprus as EU state members, Israel, Lebanon and of course Egypt. Libya ISIS Rebels threats Maritime Security on Central Mediterranean According…

By Athanasios Pitatzis In today’s article we will cover the possibilities if the resent merger between Shell and BG Group can affect the Cyprus gas export options. First of all to mention that after this merge Shell is very well positioned in East Mediterranean natural gas market because BG Group…

By Athanasios Pitatzis In today’s article we cover methane hydrate, explain what it is, where it is located on the planet, with which technologies it is mined, what future lies for it, what its geopolitical footprint on the planet in the next 20 years will be and if it can…

By Athanasios Pitatzis and Constantine Levoyannis. Discoveries of natural gas offshore Israel signalled the eastern Mediterranean as a new frontier for the development of natural gas resources. The gas discoveries provide a unique opportunity for Israel to change its mentality vis-à-vis neighbouring countries and view the resources as a tool for…